MNI: PBOC Net Drains CNY280.3 Bln via OMO Tuesday

Mar-04 01:38
China

You are missing out on very valuable content.

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY38.2 billion via 7-day reverse repos, with the rate unchanged at 1.50%. The operation led to a net drain of CNY280.3 billion after offsetting the maturity of CNY318.5 billion today, accor...